$229,000
SOLD SEP 5, 2018

1 Red Cross Ave Unit 9 Newport, RI 02840

Old Beach Neighborhood
1 Bed
1 Bath
517 Sq Ft
$235/mo HOA Fee

Recently Sold

$443 Per Sq Ft

9% Above List Price

4 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Walking Distance to Water
  • Private Lot
  • Tennis Courts
  • Ductless Heating Or Cooling System

About This Home

As of September 2020

This light filled one bedroom condo in the coveted Old Beach neighborhood boasts hardwoods and large windows overlooking the tree lined streets - a perfect pied a terre! The living area opens into the kitchen with updated stainless appliances, granite counter space and eat-at-bar seating. The bedroom has two closets, natural light and the roofline creates interest in this historic building. The stone walled grounds encircle large common lawns and a designated off street parking space. A private storage area and common laundry is in the walk out-basement OR plumbing is in place to add your own washer and dryer in your unit. The monthly fees include heat, hot water, common ground maintenance with snow removal and a whole house emergency generator. Walk to First Beach, Bellevue and Broadway--this lovely area is truly central to all the best Newport living has to offer.

Last Agent to Sell the Property

Courtney Van Beuren

Lila Delman Compass License #RES.0041540 Listed on: 08/01/2018

Lila Delman Compass

Co-Listed By

Kimberly Wells

Lila Delman Compass License #RES.0042804

Last Buyer's Agent

Danielle Almeida

Lila Delman Compass License #REB.0019093

Lila Delman Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,845

Year Built

  • Built in 1900

HOA Fees

  • $235 Monthly HOA Fees

Home Design

  • Combination Foundation
  • Masonry
  • Plaster

Interior Spaces

  • 517 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 200+ Amp Service
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Walking Distance to Water
  • Secluded Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 1REDCROSSAV9NEWP

Community Details

Overview

  • 10 Units
  • Old Beach Subdivision

Amenities

  • Shops

Recreation

  • Marina
  • Tennis Courts

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,845

Year Built

Built in 1900

Lot Details

0

HOA Fees

$235 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Co List Office Mls Id: LILA02
  • Co List Office Phone: 401-848-2101
  • Subdivision Name: Old Beach
  • Above Grade Finished Sq Ft: 517.0
  • Building Name: Maple Shade
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1900
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Third Floor or higher Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 517.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Private, Secluded
  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Masonry
  • Foundation Details: Combination

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Marina, Near Hospital, Near Schools, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 235.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 1REDCROSSAV9NEWP
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 10

Tax Info

  • Tax Annual Amount: 1845.0
  • Tax Lot: 20
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2020
Closed on
Sep 15, 2020
Sold by
Goulart Kelly and Goulart Kenneth
Bought by
Johnson Matthew C
Seller's Agent
Danielle Almeida
Lila Delman Compass
Buyer's Agent
Jessica Chase
Gustave White Sotheby's Realty
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%
Current Estimated Value
$477,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,961
Avg. Annual Appreciation
13.25%
Original Mortgage
$247,000
Outstanding Balance
$221,178
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$251,214

Purchase Details

Listed on
Aug 1, 2018
Closed on
Sep 5, 2018
Sold by
Martin Kyle T
Bought by
Goulart Kelly and Goulart Kenneth
Seller's Agent
Courtney Van Beuren
Lila Delman Compass
Buyer's Agent
Danielle Almeida
Lila Delman Compass
List Price
$210,750
Sold Price
$229,000
Premium/Discount to List
$18,250
8.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%

Purchase Details

Listed on
May 15, 2013
Closed on
May 1, 2014
Sold by
Goerge S Cardoza Ret
Bought by
Martin Kyle T
Seller's Agent
Bridgette Soby
Mott & Chace Sotheby's Intl.
Buyer's Agent
Antonette Marshall
Hogan Associates Christie's
List Price
$225,000
Sold Price
$190,000
Premium/Discount to List
-$35,000
-15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%
Original Mortgage
$150,800
Interest Rate
4.32%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $260,000 None Available
Warranty Deed $229,000 --
Warranty Deed $190,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $247,000 New Conventional
Previous Owner $170,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $171,750 Stand Alone Refi Refinance Of Original Loan
Previous Owner $150,800 New Conventional
Previous Owner $20,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2020 09/16/20 Sold $260,000 -1.9% $503 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $265,000 0.0% $513 / Sq Ft
02/18/2020 02/18/20 For Rent $3,000 -71.2% --
02/18/2020 02/18/20 Rented $10,400 0.0% --
09/05/2018 09/05/18 Sold $229,000 +8.7% $443 / Sq Ft
08/06/2018 08/06/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $210,750 +10.9% $408 / Sq Ft
05/01/2014 05/01/14 Sold $190,000 -15.6% $368 / Sq Ft
04/01/2014 04/01/14 Pending -- -- --
05/15/2013 05/15/13 For Sale $225,000 -- $435 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,166 $385,100 $0 $385,100
2023 $2,322 $234,100 $0 $234,100
2022 $2,250 $234,100 $0 $234,100
2021 $2,184 $234,100 $0 $234,100
2020 $1,898 $184,600 $0 $184,600
2019 $1,898 $184,600 $0 $184,600
2018 $1,844 $184,600 $0 $184,600
2017 $2,069 $184,600 $0 $184,600
2016 $2,018 $184,600 $0 $184,600
2015 $1,970 $184,600 $0 $184,600
2014 $2,103 $174,400 $0 $174,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1197309

State-Wide MLS

APN: NEWP-000026-000020-000009